Housing costs in Newell?
A typical home costs
$115,400, which is 65.9% less expensive than the national average of
$338,100 and 52.5% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Newell costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and close to the state average of
$1,210.
Can I afford Newell?
To live comfortably in Newell, Pennsylvania, a minimum annual income of
$21,960 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Newell?
The cost of living in Newell, PA is quite reasonable compared to other parts of the country. The median home price in Newell is $106,500, which is well below the US median of $231,000. Additionally, residents benefit from low average costs for goods and services such as groceries, dining out, and transportation. This makes it a great place for both those looking to purchase their first home or those looking to downsize without sacrificing their quality of life. Furthermore, with no state income tax and several tax incentives to investing in property throughout Pennsylvania, the cost of living in Newell can be even more affordable!